In response to the series of debt crises prevalent across emerging markets in the late 1990s, a permanent group of major world economies, known as the G20 (Group of Twenty nations), was formed in 1999 to promote international financial stability. G20 leaders hold annual summits, where they discuss trade and economic policy-related issues among member countries. Since 2008, however, the group’s agenda has expanded given the increasingly fluid nature of the world economic activities. The discussions now feature a wide range of global challenges, including climate change, agriculture, energy, health, employment, counter-terrorism, corruption, migration and refugees. Invitations are also extended to several international agencies, guest countries and civil society groups to converge on discussing and finding solutions to these challenges.

This blog post was first published on IFAD blogs in September 2019. Read more from the IFAD website…..

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